Valuation Of Timeshare Units

AI Summary

The "Valuation Of Timeshare Units" bill aims to establish guidelines for determining the value of timeshare units. It requires appraisers to consider factors such as location, amenities, and market trends when valuing these properties. The bill also mandates transparency in valuation processes to protect consumers from overpricing or undervaluing timeshares. This legislation seeks to ensure fair and accurate assessments of timeshare units, benefiting both owners and potential buyers in the timeshare industry.

• 2023-11-15: Filed

• 2023-11-22: Referred to Ways & Means Committee

• 2023-11-22: Referred to Commerce Committee

• 2023-11-22: Now in Ways & Means Committee

• 2024-01-09: 1st Reading (Original Filed Version)

• 2024-01-29: Added to Ways & Means Committee agenda

• 2024-01-31: Favorable by Ways & Means Committee

• 2024-01-31: Reported out of Ways & Means Committee

• 2024-01-31: Now in Commerce Committee

• 2024-02-06: Added to Commerce Committee agenda

• 2024-02-08: Favorable by Commerce Committee

• 2024-02-08: Reported out of Commerce Committee

• 2024-02-08: Bill released to House Calendar

• 2024-02-08: Added to Second Reading Calendar

• 2024-02-15: Bill added to Special Order Calendar (2/21/2024)

• 2024-02-21: Read 2nd time

• 2024-02-21: Amendment 672977 Failed

• 2024-02-21: Placed on 3rd reading

• 2024-02-21: Added to Third Reading Calendar

• 2024-02-22: Read 3rd time

• 2024-02-22: Passed; YEAS 82, NAYS 33

• 2024-02-22: In Messages

• 2024-02-23: Referred to Appropriations

• 2024-02-27: Received

• 2024-03-08: Died in Appropriations